Debt Market Report
Classification: Public
3
4
Source: GDP data from Saudi Central Bank2022 2023
Q Q3 Q Q Q Q3 Q Q Q Q3 Q4 Q
18.20% 19.94% 20.50% 21.10% 20.87% 20.96% 20.42% 20.53% 19.80% 19.97% 20.71% 18.41%
3.91% 1.74% 0.56% 0.60% -0.24% 0.10% -0.55% 0.11% -0.73% 0.18% 0.74% -2.30%
392,199 393,429 387,840 399,919 423,250 451,696 461,370 488,003 512,356 511,250 525,316 526,950
117,002 147,898 152,898 161,071 166,871 172,171 176,871 186,041 193,291 200,691 212,941 215,791
0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000
2020 - Q2 2020 - Q3 2020 - Q4 2021 - Q1 2021 - Q2 2021 - Q3 2021 - Q4 2022 - Q1 2022 - Q2 2022 - Q3 2022 - Q4 2023 - Q1
يدوعس ريال نويلم Millions SAR
ةجردملا تاردصلإا مجح Listed Issuance Size
ةجردملا ريغ تارادصلإا مجح Unlisted Issuance Size
5
22,642 22,642 22,138 22,138 21,961 21,961 21,596 21,596 15,570 11,670 21,398 21,398
369,558 370,788 365,702 377,781 401,289 429,734 439,775 466,407 496,785 499,580 503,919 505,552
0 100,000 200,000 300,000 400,000 500,000 600,000
2020 - Q2 2020 - Q3 2020 - Q4 2021 - Q1 2021 - Q2 2021 - Q3 2021 - Q4 2022 - Q1 2022 - Q2 2022 - Q3 2022 - Q4 2023 - Q1
يدوعس ريال نويلم Millions SAR
ةجردملا تاكرشلا تادنس و كوكص Listed Corporate Sukuk & Bonds
ةجردملا ةيموكحلا تادنسلا و كوكصلا Listed Government Sukuk & Bonds
Source: GDP data from Saudi Central Bank
2022 2023
Q Q3 Q Q Q Q3 Q Q Q Q3 Q4 Q
14.02% 14.49% 14.70% 15.04% 14.97% 15.18% 14.76% 14.86% 14.37% 14.34% 14.74% 13.06%
2.02% 0.47% 0.21% 0.34% -0.08% 0.21% -0.42% 0.10% -0.49% -0.03% -0.39% -1.68%
6
34,926 39,926 44,926 53,099 58,899 64,199 68,899 78,069 85,319 92,719 104,969 108,669
82,076 107,972 107,972 107,972 107,972 107,972 107,972 107,972 107,972 107,972 107,972 107,122
0 50,000 100,000 150,000 200,000 250,000
2020 - Q2 2020 - Q3 2020 - Q4 2021 - Q1 2021 - Q2 2021 - Q3 2021 - Q4 2022 - Q1 2022 - Q2 2022 - Q3 2022 - Q4 2023 - Q1
يدوعس ريال نويلم Millions SAR
ةجردملا ريغ تاكرشلا تادنس و كوكص Unlisted Corporate Sukuk & Bonds
ةجردملا ريغ ةيموكحلا تادنسلا و كوكصلا
Unlisted Government Sukuk & Bonds Source: GDP data from Saudi Central Bank
2022 2023
Q Q3 Q Q Q Q3 Q Q Q Q3 Q4 Q
4.18% 5.45% 5.80% 6.06% 5.90% 5.79% 5.66% 5.67% 5.42% 5.63% 5.97% 5.35%
1.90% 1.27% 0.35% 0.26% -0.16% -0.11% -0.13% 0.01% -0.24% 0.21% 0.34% -0.62%
7
-
Source: GDP data from Saudi Central Bank
75% 76% 75% 76% 77% 77% 78% 83% 84% 84% 84% 87%
25% 24% 25% 24% 23% 23% 22% 17% 16% 16% 16% 13%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2020 - Q2 2020 - Q3 2020 - Q4 2021 - Q1 2021 - Q2 2021 - Q3 2021 -Q4 2022 - Q1 2022 - Q2 2022 - Q3 2022 - Q4 2023 - Q1 ةتباث ةدئاف
Fixed Rate
ةريغتم ةدئاف Floating Rate
67% 70%
62% 60% 62% 63% 68% 68% 72% 73% 74% 70%
33% 30%
38% 40% 38% 37% 32% 32% 28% 27% 26% 30%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2020 - Q2 2020 - Q3 2020 - Q4 2021 - Q1 2021 - Q2 2021 - Q3 2021 -Q4 2022 - Q1 2022 - Q2 2022 - Q3 2022 - Q4 2023 - Q1 ةتباث ةدئاف
Fixed Rate
ةريغتم ةدئاف Floating Rate
Listed and Unlisted Sukuk
& Bonds Performance
9
64 67 67 67 68 70 74 77 79 74 70 66
5 5 5 5 5 5 5 5 4
3 4
4
ةجردم ةيموكح تادنس و كوكص Listed Government Sukuk & Bonds
ةجردم تاكرشلا تادنس و كوكص Listed Corporate Sukuk & Bonds
18 21 21 21 21 21 21 21 21 21 21 21
11 12 13 19 21 23 27 31 34 38 42 43
ةجردم ريغ ةيموكح تادنس و كوكص Unlisted Government Sukuk & Bonds
ةجردم ريغ تاكرشلا تادنس و كوكص Unlisted Corporate Sukuk & Bonds
19,800
2,197 1,065 5,870 18,858 21,572
9,529
23,553 24,936
7,721
22,006
10,497 (496)
(22,660)
(503) (177)
(33,337) (24,497)
(295) (8,827) (7,939) (8,864)
(40,000) (30,000) (20,000) (10,000) - 10,000 20,000 30,000
2020 - Q2 2020 - Q3 2020 - Q4 2021 - Q1 2021 - Q2 2021 - Q3 2021 - Q4 2022 - Q1 2022 - Q2 2022 - Q3 2022 - Q4 2023 - Q1
يدوعس ريال نويلم Millions SAR
مجحلا يف ريغتلا (
عافترا )
Change in Size (Increase)
مجحلا يف ريغتلا (
ضافخنا )
Change in Size (Decrease(
10
14,894
35,193
4,650 6,873
33,482
29,076
5,442
10,000
2020 - Q2 2020 - Q3 2020 - Q4 2021 - Q1 2021 - Q2 2021 - Q3 2021- Q4 2022 - Q1 2022 - Q2 2022 - Q3 2022 - Q4 2023 - Q1
5,000 8,173 6,323 5,300 4,700 9,170 7,250 7,400 12,250
3,700 48,886
25,896
2020 - Q2 2020 - Q3 2020 - Q4 2021 - Q1 2021 - Q2 2021 - Q3 2021- Q4 2022 - Q1 2022 - Q2 2022 - Q3 2022 - Q4 2023 - Q1
11
Listed - Number of Trades
311 453 512 544 477 591 738 563 473 525 4,236 7,760
Unlisted - Number of Trades
2 0 5 10 3 4 13 8 7 31 52 21
6,290
12,871
7,825
13,989
5,598 6,406
4,296 4,820
686
2,473
4,008
7,045 529
0
1,423
2,413
46
362
75
436
1,863
1,900
5,300
431
- 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000
2020 - Q2 2020 - Q3 2020 - Q4 2021 - Q1 2021 - Q2 2021 - Q3 2021 - Q4 2022 - Q1 2022 - Q2 2022 - Q3 2022 - Q4 2023 - Q1 يدوعس ريال نويلم Millions SAR
ةجردملا - تلاوادتلا ةميق Listed - Traded Value
ةجردملا ريغ -
تلاوادتلا ةميق
Unlisted - Traded Value
13
14
16
2023
Q Q3 Q Q Q Q3 Q Q Q Q3 Q4 Q1
Total
Millions SARMillions SAR
2023
Q Q3 Q Q Q Q3 Q Q Q Q3 Q4 Q1
Total
17
2023
Q Q3 Q Q Q Q3 Q Q Q Q3 Q4 Q1
Total
Millions SARMillions SAR
2023
Q Q3 Q Q Q Q3 Q Q Q Q3 Q4 Q1
Total
